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Topic: [ANN][ECASH]E-Money Advertising Revenue In Wallet | 8% Daily Stake for 21 days - page 37. (Read 91495 times)

legendary
Activity: 1638
Merit: 1013
Here are the projected money supply graphs. All options have 8% per day up to 21 days. I think the numbers talk for themselves. Too high stake is only for short term profit. If the original dev has no plans then the coin becomes just a speculative tool and then a high stake can just as well be chosen as it will before long be out of control.













legendary
Activity: 1428
Merit: 1001
Fucker of "the system"
legendary
Activity: 986
Merit: 1001
Guys please leave your vote here
Go VOTE: https://bitcointalksearch.org/topic/ecash-poll-976349

Right now only 4 members leave a vote, come on, only us we decide the future of this coin, please, only leave your vote for the stake rate you want.

Thanks
hero member
Activity: 588
Merit: 500
If you wanna bring this coin under 100 sats then 10.000% pos reward is the perfect option.
legendary
Activity: 1638
Merit: 1013
ok why is this discussion still going on? the poll will hopefully show whatever the majority of the community wants and thats should be it. shouldnt we be more concerned right now about moving the block chain and getting to block 16k sometime before xmas? and finding a way to either keep the advertising idea by the orig dev alive or moving forward with some other innovative plan to keep interest alive? it appears to me that the only concern here is how fast the dump is going to be when the exchanges open back up, if there is a good solid plan, you wont need to worry about it

Spots is sorting out the blockchain. The rest needs to make sure that the right decision is made regarding the future. It would also help if the original dev explained his plans because the existence/existence thereof plays a big role in the outcome.
member
Activity: 84
Merit: 10
ok why is this discussion still going on? the poll will hopefully show whatever the majority of the community wants and thats should be it. shouldnt we be more concerned right now about moving the block chain and getting to block 16k sometime before xmas? and finding a way to either keep the advertising idea by the orig dev alive or moving forward with some other innovative plan to keep interest alive? it appears to me that the only concern here is how fast the dump is going to be when the exchanges open back up, if there is a good solid plan, you wont need to worry about it
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
Im with JC a moderate-high pos% like 500% and min stake time of 1 day min will keep inflation at bay.

Vegas
sr. member
Activity: 289
Merit: 250
I totally agree with jc12345 as well. What is the point of this coin if it is exactly like something else that already exists? I was drawn to this coin because of the prospect of ad integration, not some POS stake scheme that exists in other coins.

The question that hinges on all of this is really the original Dev/OP here and if he can or will follow through on this.  He has not said much about any type of plan other than a beta in a few weeks.  Does he still have the time/resources to see this through?  He also said for him to even consider moving forward with this he needed 40k coins.  No pre-mine in new chain so who knows if it would make it to that number through donations only. He has also not committed to doing anything with the ad system as originally planned.

I also thank spots for stepping up to the plate to save this and make it work but it really looks like the only type of thing that is trying to be saved is some type of value regardless of anything else or the original plan. I just doubt there will be any reason to prevent people from dumping any interest daily without the advertising plan. (like jc12345 said)

sr. member
Activity: 951
Merit: 259
Remember the core principles of this coin is its advertising roadmap that will create demand if properly executed. Since it is going to be POS when fixed, the stake % must be such that there is incentive to stake, but not so much staking that the inflation escalates out of control That would impact the long term viability. The extreme percentages are or experiments and would not be suitable for the initial advertising roadmap.

The initial plan o the dev was to have 8% staking for 21 days and then 8% per year. This will probably lead to lots of action in the 21 days and then the speculators will leave. Without a demand for the coin by 21 days, the coin will unfortunately die. The stake % must be matched to the demand created by the advertising roadmap. While development etc. happens, staking must create demand and carry the coin. When advertising roadmap is implemented, the staking % plays a lesser role since the business plan will be implemented to create demand. You also do not want to create so many coins in circulation that he numbes become ridiculous.

The pros of a high stake percentage is that it will satisfy the speculators demand for quick profit. The cons of a high % is that inflation and money supply skyrockets exponentially causing economics problems.

The pros of a low % is that there will be fewer coins that increases its rarity. The cons is that few will be staking and more will be speculating or leaving the scene.

A balance has to be found. While the advertising roadmap is implemented staking can be in a mid range. When management is happy that the plan is implemented and working a fork can be done to lower the staking %. I would say that use the 8% per day (2920% per year) for 21 days that would bring the money supply up to 20,765,030  in all scenarios and then apply a max of 50% per year on top of that which will bring total money supply after year 1 at  33,254,189 . Anything above that becomes ridiculous. I will post money supply graphs later on to indicate how ridiculous a too high supply is after a while. After year one, if the advertising roadmap is implemented or earlier if it happens earlier, a hard fork can be done to bring down staking interest to 8% per year as per original specs. if the coin is not accepted and used as per the roadmap by this time with the resultant price, the coin will fail in anyways.

PS: I dont think that the people that vote for too high stake % realize the implications. They will after I post the projected money supply graphs and numbers.

This is what I'm trying to explain all the time, but I can not express myself on English very well !
The problem is that with very high stake interest we will pass 1 bilion very fast, and will happened exactly that what you jc12345 explained here !!!
Because of that, I was thinking to make some reasonable interest like 500%, because with 50% can happened without future developing, advertising people can left this coin, and with too high interest, can happened just low price, as we can see now on Balls, there are no more than 0.5 BTC of buying, the price just a few sat, so very fast will happened the same with this coin if we will going with high interest.
If you ask me, I will then rather invest in original Balls who has the price already stable than in the new Balls, pay this price and then waiting dumps, and finally lost of investments. 
hero member
Activity: 710
Merit: 500
Remember the core principles of this coin is its advertising roadmap that will create demand if properly executed. Since it is going to be POS when fixed, the stake % must be such that there is incentive to stake, but not so much staking that the inflation escalates out of control That would impact the long term viability. The extreme percentages are or experiments and would not be suitable for the initial advertising roadmap.

The initial plan o the dev was to have 8% staking for 21 days and then 8% per year. This will probably lead to lots of action in the 21 days and then the speculators will leave. Without a demand for the coin by 21 days, the coin will unfortunately die. The stake % must be matched to the demand created by the advertising roadmap. While development etc. happens, staking must create demand and carry the coin. When advertising roadmap is implemented, the staking % plays a lesser role since the business plan will be implemented to create demand. You also do not want to create so many coins in circulation that he numbes become ridiculous.

The pros of a high stake percentage is that it will satisfy the speculators demand for quick profit. The cons of a high % is that inflation and money supply skyrockets exponentially causing economics problems.

The pros of a low % is that there will be fewer coins that increases its rarity. The cons is that few will be staking and more will be speculating or leaving the scene.

A balance has to be found. While the advertising roadmap is implemented staking can be in a mid range. When management is happy that the plan is implemented and working a fork can be done to lower the staking %. I would say that use the 8% per day (2920% per year) for 21 days that would bring the money supply up to 20,765,030  in all scenarios and then apply a max of 50% per year on top of that which will bring total money supply after year 1 at  33,254,189 . Anything above that becomes ridiculous. I will post money supply graphs later on to indicate how ridiculous a too high supply is after a while. After year one, if the advertising roadmap is implemented or earlier if it happens earlier, a hard fork can be done to bring down staking interest to 8% per year as per original specs. if the coin is not accepted and used as per the roadmap by this time with the resultant price, the coin will fail in anyways.

PS: I dont think that the people that vote for too high stake % realize the implications. They will after I post the projected money supply graphs and numbers.

I second this motion!
hero member
Activity: 560
Merit: 500
This would be a game "who will dump first?" if there'll be a buy support  Grin

The only thing that keeps the hope with E-cash is great iGotSpots effort, but even if he's genius, if there won't be buy support and planned pump, ecash will be in long decline with high stake.

...but on the other hand, few people will buy just to see that high stake for fun (like me: ).
full member
Activity: 224
Merit: 100
10k started with 100 000 coins initial / + 10 000% and completely dumped in one week so ...

imagine emoney with 5M initial + 10000 % / 1 day or 2 days and the coin is dead ... what I think

for me the initial 8% daily is good with the initial supply of emoney .

8 % daily could reduce to 8 % weekly after 1 month . like the pow coins reduce rewards


just people vote for 10 000 . 20 000 . 100 000 and they will cry after one day of pos because 100k coins are dumped by the big holders with one sell order ...

i can't change the votes but i know its shit plan
sr. member
Activity: 266
Merit: 250
Remember the core principles of this coin is its advertising roadmap that will create demand if properly executed. Since it is going to be POS when fixed, the stake % must be such that there is incentive to stake, but not so much staking that the inflation escalates out of control That would impact the long term viability. The extreme percentages are or experiments and would not be suitable for the initial advertising roadmap.

The initial plan o the dev was to have 8% staking for 21 days and then 8% per year. This will probably lead to lots of action in the 21 days and then the speculators will leave. Without a demand for the coin by 21 days, the coin will unfortunately die. The stake % must be matched to the demand created by the advertising roadmap. While development etc. happens, staking must create demand and carry the coin. When advertising roadmap is implemented, the staking % plays a lesser role since the business plan will be implemented to create demand. You also do not want to create so many coins in circulation that he numbes become ridiculous.

The pros of a high stake percentage is that it will satisfy the speculators demand for quick profit. The cons of a high % is that inflation and money supply skyrockets exponentially causing economics problems.

The pros of a low % is that there will be fewer coins that increases its rarity. The cons is that few will be staking and more will be speculating or leaving the scene.

A balance has to be found. While the advertising roadmap is implemented staking can be in a mid range. When management is happy that the plan is implemented and working a fork can be done to lower the staking %. I would say that use the 8% per day (2920% per year) for 21 days that would bring the money supply up to 20,765,030  in all scenarios and then apply a max of 50% per year on top of that which will bring total money supply after year 1 at  33,254,189 . Anything above that becomes ridiculous. I will post money supply graphs later on to indicate how ridiculous a too high supply is after a while. After year one, if the advertising roadmap is implemented or earlier if it happens earlier, a hard fork can be done to bring down staking interest to 8% per year as per original specs. if the coin is not accepted and used as per the roadmap by this time with the resultant price, the coin will fail in anyways.

PS: I dont think that the people that vote for too high stake % realize the implications. They will after I post the projected money supply graphs and numbers.

finally someone with some insight... i have been asking to keep the original plan but i have been out voted...

Nice wall of text lol

Great insight you two are super smart and i am very proud to be a member beside a couple people that cannot read and only write, if you could read you would see this is plan b, as there is (NO ADVERTISEMENT ROAD MAP) Also you are stuck between a rock and something hard people are voting and votes are what will decide not a wall of text based on nothing except personal opinions... Scenario 1, We go withe the couple who really want low POS 21days the coin gets dumped no further interest 'dead' 2, High POS 21days some gets dumped but others will want to be part of the coin which is demand and who knows how long that will last but at least longer than the 21days then dump.....  
legendary
Activity: 980
Merit: 1001
aka "whocares"
Remember the core principles of this coin is its advertising roadmap that will create demand if properly executed. Since it is going to be POS when fixed, the stake % must be such that there is incentive to stake, but not so much staking that the inflation escalates out of control That would impact the long term viability. The extreme percentages are or experiments and would not be suitable for the initial advertising roadmap.

The initial plan o the dev was to have 8% staking for 21 days and then 8% per year. This will probably lead to lots of action in the 21 days and then the speculators will leave. Without a demand for the coin by 21 days, the coin will unfortunately die. The stake % must be matched to the demand created by the advertising roadmap. While development etc. happens, staking must create demand and carry the coin. When advertising roadmap is implemented, the staking % plays a lesser role since the business plan will be implemented to create demand. You also do not want to create so many coins in circulation that he numbes become ridiculous.

The pros of a high stake percentage is that it will satisfy the speculators demand for quick profit. The cons of a high % is that inflation and money supply skyrockets exponentially causing economics problems.

The pros of a low % is that there will be fewer coins that increases its rarity. The cons is that few will be staking and more will be speculating or leaving the scene.

A balance has to be found. While the advertising roadmap is implemented staking can be in a mid range. When management is happy that the plan is implemented and working a fork can be done to lower the staking %. I would say that use the 8% per day (2920% per year) for 21 days that would bring the money supply up to 20,765,030  in all scenarios and then apply a max of 50% per year on top of that which will bring total money supply after year 1 at  33,254,189 . Anything above that becomes ridiculous. I will post money supply graphs later on to indicate how ridiculous a too high supply is after a while. After year one, if the advertising roadmap is implemented or earlier if it happens earlier, a hard fork can be done to bring down staking interest to 8% per year as per original specs. if the coin is not accepted and used as per the roadmap by this time with the resultant price, the coin will fail in anyways.

PS: I dont think that the people that vote for too high stake % realize the implications. They will after I post the projected money supply graphs and numbers.

finally someone with some insight... i have been asking to keep the original plan but i have been out voted...
legendary
Activity: 1638
Merit: 1013
Remember the core principles of this coin is its advertising roadmap that will create demand if properly executed. Since it is going to be POS when fixed, the stake % must be such that there is incentive to stake, but not so much staking that the inflation escalates out of control That would impact the long term viability. The extreme percentages are or experiments and would not be suitable for the initial advertising roadmap.

The initial plan o the dev was to have 8% staking for 21 days and then 8% per year. This will probably lead to lots of action in the 21 days and then the speculators will leave. Without a demand for the coin by 21 days, the coin will unfortunately die. The stake % must be matched to the demand created by the advertising roadmap. While development etc. happens, staking must create demand and carry the coin. When advertising roadmap is implemented, the staking % plays a lesser role since the business plan will be implemented to create demand. You also do not want to create so many coins in circulation that he numbes become ridiculous.

The pros of a high stake percentage is that it will satisfy the speculators demand for quick profit. The cons of a high % is that inflation and money supply skyrockets exponentially causing economics problems.

The pros of a low % is that there will be fewer coins that increases its rarity. The cons is that few will be staking and more will be speculating or leaving the scene.

A balance has to be found. While the advertising roadmap is implemented staking can be in a mid range. When management is happy that the plan is implemented and working a fork can be done to lower the staking %. I would say that use the 8% per day (2920% per year) for 21 days that would bring the money supply up to 20,765,030  in all scenarios and then apply a max of 50% per year on top of that which will bring total money supply after year 1 at  33,254,189 . Anything above that becomes ridiculous. I will post money supply graphs later on to indicate how ridiculous a too high supply is after a while. After year one, if the advertising roadmap is implemented or earlier if it happens earlier, a hard fork can be done to bring down staking interest to 8% per year as per original specs. if the coin is not accepted and used as per the roadmap by this time with the resultant price, the coin will fail in anyways.

PS: I dont think that the people that vote for too high stake % realize the implications. They will after I post the projected money supply graphs and numbers.
member
Activity: 97
Merit: 10
can't wait to see what happens...
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Assuming every coin is staking everyday, which never happens. 10k pays 27% daily stake and network inflation is under 20% daily

Any percent stake you decide is fine with me, and i´ll support you, we trust in you man.
I have all your coins in wallets always open and working Smiley

Thanks for all your efforts.

No problem. I'm just going to use the poll results for the final stake rate. I'm trying to remain as impartial as possible

Go VOTE: https://bitcointalksearch.org/topic/ecash-poll-976349
legendary
Activity: 986
Merit: 1001
Assuming every coin is staking everyday, which never happens. 10k pays 27% daily stake and network inflation is under 20% daily

Any percent stake you decide is fine with me, and i´ll support you, we trust in you man.
I have all your coins in wallets always open and working Smiley

Thanks for all your efforts.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
100,000% is starting to catch up quickly lol

Block: 7422, Actual Supply: 4,455,100

100,000% stake rate
100,000/365 =274+-
4,455,100 x 2.74 = 12,206,974 coins created in the first day

20,000%
20,000/365 = 54.79+-
4,455,100 x .5479 = 2,440,949 coins created in the first day

10,000%
10,000/365 = 27.39
4,455,100 x .2739 = 1,220,251 coins created in the first day

5,000%
5,000/365 = 13.69
4,455,100 x .1369 = 609,903 coins created in the first day

2,500%
2,500/365 = 6.84
4,455,100 x .0684 = 304,728 coins created in the first day


Just a few numbers to think about it.
The first month could be cool high rate for all the people who are waiting for stake this coin, but after that perhaps a 10% daily is cool for holders.
Anyway, let the people decide Smiley

Note: not the original numbers, not the definitive numbers, please ask iGotSpots for the real stake percent decided.
All this numbers less the 40,000 premined and the coins left in old wallets.


Assuming every coin is staking everyday, which never happens. 10k pays 27% daily stake and network inflation is under 20% daily
legendary
Activity: 986
Merit: 1001
100,000% is starting to catch up quickly lol

Block: 7422, Actual Supply: 4,455,100

100,000% stake rate
100,000/365 =274+-
4,455,100 x 2.74 = 12,206,974 coins created in the first day

20,000%
20,000/365 = 54.79+-
4,455,100 x .5479 = 2,440,949 coins created in the first day

10,000%
10,000/365 = 27.39
4,455,100 x .2739 = 1,220,251 coins created in the first day

5,000%
5,000/365 = 13.69
4,455,100 x .1369 = 609,903 coins created in the first day

2,500%
2,500/365 = 6.84
4,455,100 x .0684 = 304,728 coins created in the first day


Just a few numbers to think about it.
The first month could be cool a high rate for all the people who are waiting for stake this coin, but after that perhaps a 10% daily is cool for holders.
Anyway, let the people decide Smiley

Note: not the original numbers, not the definitive numbers, please ask iGotSpots for the real stake percent decided.
All this numbers less the 40,000 coins premined and burned and the coins left in old wallets.
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